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May 23, 2015 1:57 AM ET

Chemicals

Company Overview of Auriga Industries A/S

Company Overview

Auriga Industries A/S does not have significant operations. Previously, the company, through its subsidiary, Cheminova A/S, developed, manufactured, and marketed chemical crop protection products in Europe, North America, Latin America, and internationally. Auriga Industries A/S was founded in 1938 and is based in Harboøre, Denmark.

Thyborønvej 78

Harboøre,  7673

Denmark

Founded in 1938

2 Employees

Key Executives for Auriga Industries A/S

Auriga Industries A/S does not have any Key Executives recorded.

Auriga Industries A/S Key Developments

Auriga Industries A/S Proposes Distribution of Extraordinary Dividends Payable on June 2015

Auriga Industries A/S announced distribution of extraordinary dividends of expectedly DKK 323 per share is subject to approval at the AGM held on April 30, 2015. The company expected to distribute in June 2015.

Auriga Industries A/S Reports Interim Earnings Results for the First Quarter Ended March 31, 2015

Auriga Industries A/S reported interim earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported LBIT of DKK 6 million compared to DKK 2 million a year ago. Loss before tax was DKK 7 million compared to DKK 2 million a year ago. Net loss from continuing operations was DKK 7 million compared to DKK 2 million a year ago. Net profit was DKK 150 million compared to DKK 109 million a year ago. Cash out flow from operating activities was DKK 101 million compared to DKK 318 million a year ago. Investments in property, plant and equipment were DKK 26 million compared to DKK 23 million a year ago.

Auriga Industries A/S Proposes Amendments to the Articles of Association

Auriga Industries A/S announced at the AGM to be held on April 30, 2015, it will propose that the first sentence of Article 14 be amended to the effect that the board of directors may consist of 3-6 members elected by the general meeting instead of now 4-6 members and the board of directors proposes that the general meeting authorises the board of directors to distribute extraordinary dividends, and that the authorisation be inserted as a new Article 7.3 in the articles of association as: 'The board of directors is authorised to distribute extraordinary dividends'.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 8, 2014
Cheminova A/S
 

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